Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Florida RS | 163,573.7 | 1,060,132 | 82.6 | 100.0 | Florida Retirement System |
| Jacksonville ERS | 1,989.6 | 9,348 | 61.1 | 101.6 | Jacksonville General Employee Pension Plan |
| Miami Fire and Police | 1,561.2 | 4,219 | 65.3 | 100.0 | City of Miami Firefighters and Police Officers Retirement Trust |
Source: Public Plans Database (as of 2019)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
| Fiscal Year | FL | US |
|---|---|---|
| 2001 | 3.3 | 2.9 |
| 2002 | 2.7 | 3.0 |
| 2003 | 2.8 | 3.4 |
| 2004 | 2.6 | 4.2 |
| 2005 | 2.9 | 3.8 |
| 2006 | 2.8 | 3.7 |
| 2007 | 3.2 | 3.9 |
| 2008 | 3.3 | 4.2 |
| 2009 | 3.6 | 4.4 |
| 2010 | 3.9 | 4.6 |
| 2011 | 4.3 | 4.9 |
| 2012 | 2.6 | 5.0 |
| 2013 | 2.8 | 5.2 |
| 2014 | 3.9 | 5.6 |
| 2015 | 3.6 | 5.8 |
| 2016 | 3.5 | 6.1 |
| 2017 | 3.2 | 6.0 |
| 2018 | 3.5 | 6.4 |